Beforedecidingwhatprojects to includein a portfolioandhowto prioritizeexistingprojects, managers needtoassesstheirresourcesfroma supply-and-demandperspective.
Richard Soultanian, director at energy consulting firm NUS Consulting Group in Park Ridge, NJ, says that looking at growth from an energy demandperspective, the economy looks tepid in a best case scenario.
"We fundamentally believe that Midtown Manhattan, from a supply and demandperspective, is going to be at a point where the market is going to turn and you're going to see significant rent growth, " Mr. Rechler said.